Global Intralogistics Market: Overview
Businesses today are using a combination of automated, integrated, optimized, and managed logistical flow of the data along with the material goods within their periphery or distribution centers. As technologies for intralogistics effortlessly manage and provide optimal process flow in a business, the growth of global intralogistics market is pacing in the forecast period of 2019 to 2027. Moreover, rapid adoption of these technologies in the business is another factor that is influencing the growth of global intralogistics market these days. Also, the ability to control the material flow between various stations in a business is one of the prominent reason that promotes the growth of global intralogistics market from 2019 to 2027.
A report from Transparency Market Research provides 360-degree analysis of global intralogistics market for the forecast of 2019 to 2027. The report sheds light on various key facets of the market such as opportunities, trends, challenges, and major players.
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Global Intralogistics Market: Notable Development
- In March 2019, UniCarriers America joined hands with Rocla. The merger made it easy for Rocla to launch its latest automated guided vehicle solutions in America.
- In the same year, BOWE SYSTEC GmbH acquired majority shares of a U.K. based engineering company Red Ledge. This take-over helped the BOWE SYSTEC GmbH to gain better position in global intralogistics market.
- In 2018, Vecna Robotics signed collaboration with a leading robotics packaging company, RightHand Robotics. This collaboration was aimed to improve the position of Vecna Robotics in E-commerce order completion. Combined, both the organizations are expecting to develop optimal solutions that can streamline all the business challenges faced by companies and strengthen their position in global intralogistcs market.
Some of the leading players of global intralogistics market are:
- KION Group
- Rockwell Automation.
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Global Intralogistics Market: Key Drivers
With the rising adoption of intralogistics solutions in various businesses the market is growing rapidly. As a result of streamline inter-station transport, accident-free logistics, and efficient work flow, these solutions are pacing the growth of global intralogistics market. Moreover, benefits such as minimized downtime, enhanced operational efficiency, and greater scalability by the automated guided vehicles, the global intralogistics market is experiencing rapid growth these days.
Moreover, better material handling, and seamless movement with the walls of the business facility, the global intralogistics market is acquiring major attention these days. Also, businesses are realizing additional benefits such as enhanced process management internally; streamlining overall operations are some more factors that are influencing the growth of global intralogistics market. Furthermore, growing penetration of intralogistics in transport and logistics industry is one of the major growth driving factors for the global intralogistics market in the forecast of 2019 to 2027.
However, intralogistics is a complicated process and is made up of complex interconnected systems. In order to work smoothly, all the components must work perfectly. This complexity and amount of money required to maintain the intralogistics system may hamper the growth of global intralogistics market during the forecast. Nevertheless, development of various cost-effective technologies such as IoT and AI, players of global intralogistics market are working hard to develop simple and efficient solutions for the businesses. These technological advancements are likely to help the global intralogistics market to maintain their growth in coming years.
Global Intralogistics Market: Regional Analysis
Geographically, North America is expected to show maximum potential for the players of global intralogistics market. The dominance of the region is the result of major technological developments in U.S. and Canada. Also, adoption of technologies such as IoT and AI in various business sectors is promoting the growth of intralogistics market in North America.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.